Building an IP Fortress
Russ Wilcox
Partner at Pillar VC
Protecting intellectual property is a crucial job for any start-up whose competitive edge comes from innovation, particularly those commercializing patentable technical or scientific advances. Other types of high-tech startups such as SaaS, marketplace, analytical, or service businesses normally would not file for patents, but may rely heavily on trade secrets such as operating procedures, source code, formulas, or marketing methods that are valuable tools to help the company to beat the competition.